Sri Lanka’s first-ever portal for free corporate secretarial advice launched
Internationally acclaimed Chartered Corporate Secretary Isura Sirisena recently launched Sri Lanka’s first-ever online portal for free corporate secretarial …
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Dilmah Ceylon to consolidate, acquire export business of MJF Teas
Aug 30, 2017 (LBO) – Sri Lanka’s global tea brand Dilmah Ceylon Tea Company is to acquire the tea export business of MJF Teas (Private) Limited for 442.5 …
Sri Lanka expects accession to Madrid Protocol for trademarks in 2018
Aug 21, 2017 (LBO) – Sri Lanka plans to complete its historic accession to the international trademark system called the Madrid Protocol by August next year. …
Sri Lanka’s Melstacorp June quarter net down 41-pct
Aug 10, 2017 (LBO) – Profits at Melstacorp, the holding company of Sri Lanka's largest hard alcohol maker Distilleries Corporation, fell 41 percent to 1.1 …
Sri Lanka’s Dialog Axiata profit edges up to Rs2.3 bln in June quarter
Aug 09, 2017 (LBO) – Profits at Sri Lanka’s Dialog Axiata group, increased by 2.6 percent to 2.3 billion rupees in the June quarter, interim accounts …
Sri Lanka cabinet approves issuing e-passports under PPP scheme
Aug 02, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to introduce a chip enabled e-Passport where personal particulars of passport holders …
Sri Lanka spent 32-pct less on vehicle imports in 2016: CCC
July 31, 2017 (LBO) – Sri Lanka’s expenditure on motor vehicle imports declined by 32 percent to 194 billion rupees in 2016 compared with 2015 when Sri …
LAUGFS to set up cylinder manufacturing plant in Bangladesh
July 17, 2017 (LBO) – LAUGFS Gas Bangladesh, part of the diversified Sri Lankan multinational LAUGFS Holdings, said it is planning to set up a cylinder …
Sri Lanka’s Watawala Plantations to separate tea business
June 30, 2017 (LBO) – Sri Lanka’s Watawala Plantations is planning to set up a separate company relating to the tea business segment of the company by …
Sri Lanka technical interns to be trained in Japan
June 29, 2017 (LBO) – Sri Lanka is to sign a memorandum of understanding with International Manpower Development Organization of Japan (IM Japan) to send …
Celogen Lanka opens USD6.6Mn pharmaceutical plant in Pallekelle
June 28, 2017 (LBO) - Celogen Lanka (Pvt) Ltd has opened a new pharmaceuticals manufacturing plant with an investment value of 6.6 million dollars at the BOI …
Sri Lanka’s quality mall space shortage to continue: JLL
June 16, 2017 (LBO) - As Sri Lanka's tourist arrivals rise and the local consumer becomes more brand conscious along with demand for better quality goods and …
Commercial Bank leads Sri Lanka’s SME financing in 2016
June 15, 2017 (LBO) – Sri Lanka’s SME sector has been injected with 719 billion rupees by both state and private sector banks in 2016, with Commercial Bank …
UNICEF pledges USD50Mn for Sri Lanka’s children over next four years: Harsha
Jun 14, 2017 (LBO) - Sri Lanka's Deputy Minister of National Policy and Economic Affairs Harsha de Silva said that the United Nations Children's Fund, UNICEF, …
600 mobile patrols to apprehend Sri Lanka lane law offenders
June 12, 2017 (LBO) - Six hundred mobile patrols will be deployed on the roads of Colombo to apprehend drivers who break lane laws, the Police said. City …
ADB grants USD2 mln as flood relief aid to Sri Lanka
June 09, 2017 (LBO) - The Asian Development Bank (ADB) has approved a two million dollar grant to finance relief efforts in Sri Lanka following the recent …
Sri Lanka Railways to collect land lease arrears of Rs1.4bn
June 05, 2017 (LBO) – Sri Lanka’s state-owned Railways Department said 1.46 billion rupees is yet to be collected as lease arrears for land owned by the …
Opinion : Building the future, infrastructure in ASEAN and South Asia
By Anna Marrs ASEAN and South Asia are building infrastructure at an unprecedented rate. Anyone who travels the capital cities of this region knows it for a …
Foreign relief aid pledged to Sri Lanka after floods
May 30, 2017 (LBO) - Sri Lanka's official flood death toll rose to 177 on Monday as the island sought international assistance. High Commissioners and …
Nawaloka Holdings acquires machinery manufacturer & distributor Alcobronz
(Press Release) Nawaloka Holdings, a diversified conglomerate in Sri Lanka recently acquired the leading machinery Manufacturer, Importer and Distributor …